Series 7

Series 7 practice questions, page 12 of 16, with answer review and explanations.

Question 56

Bubba is buying a Federal Home Loan Bank issue that is offered at 95.22. How much will he pay to purchase one bond?

  1. $95.22
  2. $951.63
  3. $952.20
  4. $956.88

Question 57

How much currency is one mil worth?

  1. one-tenth of one cent
  2. one-tenth of $1
  3. one-tenth of $100
  4. one-tenth of $1,000

Question 58

Which of the following pays interest at maturity only?

  1. a corporate serial bond
  2. US treasury bills
  3. Income bonds
  4. Series H savings bonds

Question 59

Which of the following securities has the highest amount of market risk?

  1. US treasury bills
  2. US treasury certificates
  3. US treasury notes
  4. savings bank deposits

Question 60

Which of the following is not a marketable security?

  1. tax anticipation bonds
  2. municipal bonds
  3. treasury bonds
  4. Series EE bonds